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MMED News

Updated: Renaissance Capital's 1Q 2026 US IPO Market Review

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Volatile Markets Delay the Great IPO Rebound Again Surging volatility grounded the IPO party before it took off, as markets grappled with a tech sell-off, more tariff turmoil, private credit woes, and war in the Middle East in the first quarter of 2026. After ...read more

US IPO Weekly Recap: Diabetes medtech MiniMed slides 8% in a quiet week for IPOs

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The March IPO market started off with a quiet week. MiniMed Group (MMED) completed the week’s sole IPO, joined by two SPACs, and just one small issuer joined the pipeline. Medtronic carve-out MiniMed priced below the range to raise $560 million at a $5....read more

Medtronic diabetes business carve-out MiniMed prices IPO at $20, below the range

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MiniMed Group, a carve-out of Medtronic's diabetes management devices and technology business, raised $560 million by offering 28 million shares at $20, below the range of $25 to $28. At the pricing, the company commands a market cap of $5.6 billion. Being...read more

US IPO Week Ahead: Medtronic carve-out MiniMed to kick-off March calendar

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One large IPO is currently scheduled in the week ahead, although some smaller issuers may join the calendar throughout the week. Medtronic diabetes business carve-out MiniMed (MMED) plans to raise $742 million at a $7.4 billion market cap. MiniMed focuses...read more